On September 9 and 10, India hosted the 18th G20 Summit in New Delhi, focusing on the theme ‘One Earth, One Family, One Future.’ Food security, climate change, energy, development, healthcare, and digitalisation were deliberated upon at the global forum, formed to discuss economic and financial matters. The summit wrapped up successfully as India transferred the G20 Presidency to Brazil. This analysis evaluates India’s performance in recent decades across various socioeconomic metrics in comparison to its fellow G20 members. The G20 is made up of India, Australia, China, Indonesia, Japan, South Korea, France, Germany, Italy, Russia, Turkey, the United Kingdom, the European Union (EU), Argentina, Brazil, Mexico, Canada, the United States, South Africa, and Saudi Arabia.
Chart 1 | The chart compares the GDP per capita (in $) of 19 regions (18 countries plus the EU) between 1970 and 2022. GDP per capita ($) is the sum of gross value added by all resident producers in the economy divided by mid-year population.